A widget manufacturer has the capability of making three types of widgets. Type A widgets require 14 minutes on a lathe, 2 minutes on a grinder, and 2 minutes on a drill press, and produce a profit of $5. Type B widgets require 8 minutes on a lathe, 7 minutes on a grinder, and 2 minutes on a drill press, and produce a profit of $25. Type C widgets require 4 minutes on a lathe, 4 minutes on a grinder, and 8 minutes on a drill press, and produce a profit of $30. Each day, 620 minutes of lathe time, 530 minutes of grinder time, and 220 minutes of drill press time are available. How many of each type of widget should be produced each day to maximize the profit? What is the maximum profit? CITE The maximum profit is $ This occurs when the manufacturer makes type A widgets, type B widgets, and type C widgets each day.

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CM: Cumulative Review Problem Set
Problem 115CM
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A widget manufacturer has the capability of making three types of widgets. Type A widgets require 14 minutes on a lathe, 2 minutes on a grinder, and 2 minutes on a
drill press, and produce a profit of $5. Type B widgets require 8 minutes on a lathe, 7 minutes on a grinder, and 2 minutes on a drill press, and produce a profit of $25.
Type C widgets require 4 minutes on a lathe, 4 minutes on a grinder, and 8 minutes on a drill press, and produce a profit of $30. Each day, 620 minutes of lathe time,
530 minutes of grinder time, and 220 minutes of drill press time are available. How many of each type of widget should be produced each day to maximize the
profit? What is the maximum profit?
The maximum profit is $
This occurs when the manufacturer makes. type A widgets,
type B widgets, and
type C widgets each day.
(Simplify your answers)
Transcribed Image Text:A widget manufacturer has the capability of making three types of widgets. Type A widgets require 14 minutes on a lathe, 2 minutes on a grinder, and 2 minutes on a drill press, and produce a profit of $5. Type B widgets require 8 minutes on a lathe, 7 minutes on a grinder, and 2 minutes on a drill press, and produce a profit of $25. Type C widgets require 4 minutes on a lathe, 4 minutes on a grinder, and 8 minutes on a drill press, and produce a profit of $30. Each day, 620 minutes of lathe time, 530 minutes of grinder time, and 220 minutes of drill press time are available. How many of each type of widget should be produced each day to maximize the profit? What is the maximum profit? The maximum profit is $ This occurs when the manufacturer makes. type A widgets, type B widgets, and type C widgets each day. (Simplify your answers)
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